Table of Contents
Is deficit the same as surplus?
A budget surplus is when extra money is left over in a budget after expenses are paid. A budget deficit occurs when the federal government spends more money that it collects in revenue. Two of a government’s primary functions are to protect the nation’s economy and provide assistance and economic security.
What’s the opposite of a budget surplus?
Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual.
What is the opposite of a deficit budget?
The opposite of a budget deficit is a budget surplus. When a surplus occurs, revenue exceeds current expenses and results in excess funds that can be allocated as desired.
What is the difference between debt and deficit?
Debt is money owed, and the deficit is net money taken in (if negative). Debt is the accumulation of years of deficit (and the occasional surplus).
What is deficit funds?
deficit financing, practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.
What is deficit synonym?
synonyms for deficit
- loss.
- shortfall.
- arrears.
- defalcation.
- default.
- deficiency.
- dues.
- inadequacy.
Which is the closest antonym for the word surplus?
What is the opposite of surplus?
| deficiency | deficit |
|---|---|
| insufficiency | lack |
| dearth | shortage |
| undersupply | paucity |
| shortfall | base |
Does deficit mean debt?
What is the difference between a deficit and a surplus quizlet?
What is interest? Money paid for the use of money lent. Surplus: When the government brings in more money than what it spends. Deficit: When the government spends more money than it brings in.